Wolseley layoffs continue

U.K.-based building materials distributor Wolseley plans to let go 1,300 workers from its North American operations. The company previously laid off 1,700 workers in the quarter ending Oct. 31, owing to the U.S. residential construction market's ongoing struggles. The combined layoffs are expected to save about $122 million annually, the company said.

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This story published in NAW SmartBrief on 12/03/2007





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